Citigroup: Expect Amazon Smartphone By End Of 2012, Call Facebook Friends With Skype, PayPal Launches Facebook App

Breaking news from your editors at Fast Company, with updates all day.

New Nokia Phone Stars In Leaked YouTube Video. A leaked developer video from Nokia features an unnamed new phone, now thought to be the Lumina 900 or "Nokia Ace." When it launches, it will follow Nokia's other Windows phones, the Lumina 710 and Lumnia 800, which launched earlier this month. --NS

--Updated 7:15 a.m. EST

French physicist Louis Daguerre developed the daguerrotype process for transferring photographs onto silver-coated copper plates. He'd be 224 years old today.

Citigroup: Expect Amazon Smartphone By End Of 2012 Two Citigroup analysts have predicted in a report that Amazon may be working on a smartphone costing about $150, with partner Foxconn, due to launch in time for the holidays next year. One of the pair, Internet research analyst Mark Mahaney, correctly predicted Amazon would release with a budget e-reader before the end of 2011, PaidContent reports. --NS

Facebook/Skype Integration Goes Further. Skype's latest update lets Skypers call Facebook friends without logging on to the social network, through their Skype accounts. Facebook unveiled its Skype-powered video chat feature embedded in the social network this summer. --NS

[Youtube DO5GbYHv7HM]

PayPal Launches Facebook App. PayPal has launched a new application for Facebook which lets users send money to each other without leaving the social network. (An optional customizable greeting card could be sent too.) According to the welcome page on SendMoney, this within-Facebook app "provides the same level of security" as regular PayPal. --NS

--Updated 5:45 a.m. EST

Yesterday's Fast Feed: Yelp's $100M IPO, Defense Dept.'s Superweapon, Samsung Ban-Dodging Galaxy Tab 10.1n, and more.

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1 Comments

  • Leslie Alessandro

    Though this app sounds cool, the downside is that Facebook will now have all of your info including credit card numbers because as we all know, anything that is displayed or utilizes Facebook is their property. Personally I'll pass on this and continue to use Paypal minus their new pal Facebook.